Direxion Daily Financial Bull 3X Shares

NYSEARCA: FAS
$27.81
+$0.19 (+0.7%)
Closing price May 22, 2020
During market sell-offs, market crashes and periods of major uncertainty, triple-leverage exchange traded funds become the most battered of all.
Jon C. Ogg
In a period when the stock market has hit new all-time highs, trading volume has been extremely light in the month of August.
Jon C. Ogg
Source: Jon OggThe Direxion Daily Financial Bull 3X Shares (NYSEMKT: FAS) and the inverse Direxion Daily Financial Bear 3X Shares (NYSEMKT: FAZ) are leading our Daily ETF Folly feature ahead of the...
Jon C. Ogg
Source: ThinkstockBanks have been back as a flavor for investors for a while. After all, Bank of America Corp. (NYSE: BAC) was the best performing stock of all 30 Dow Jones Industrial Average...
Jon C. Ogg
Wells Fargo & Co. (NYSE: WFC) has managed to beat earnings but it is obviously going to be in second place after J.P. Morgan Chase & Co. (NYSE: JPM). The bank still shows why it is now the top of the...
Jon C. Ogg
24/7 Wall St. has been expecting this highly anticipated Moody’s downgrade of the large banks and investment banks for weeks.  It appears that the wait is over as the downgrade is set to come...
Jon C. Ogg
J.P. Morgan Chase & Co. (NYSE: JPM) is leading the markets higher this morning ahead of the Jamie Dimon testimony.  The problem is that Bank of America Corporation (NYSE: BAC) is trumping Dimon and...
Jon C. Ogg
Moody’s has telegraphed a banking sector review for quite some time, and it has actually been ongoing and the ‘bad news’ should be out very soon.  We skipped many of the smaller incidents, but...
Jon C. Ogg
Source: Jon OggSo, just two weeks ago it looked as though “Sell in May and go away!” was not going to be as strong of a theme in 2012 compared to 2011 and to 2010.  In 2010 the market had...
Jon C. Ogg
Bank of America Corporation (NYSE: BAC) has reported its earnings and the headline numbers may look like a disappointment at $0.03 EPS from its $653 million in earnings.  Revenue was $22.5 billion...
Jon C. Ogg
Source: Jon OggIf you think ratings agencies do not quite matter any longer, today may be a reminder that they can still create at least some nervousness even if they are just late to the party. ...
Jon C. Ogg
Stern Agee has some previews ahead for earnings and same-store sales trends in the retail sector.  The firm’s Margaret Whitfield and Tom Nikic have some previews ahead of the retail earnings...
Jon C. Ogg
J.P. Morgan Chase & Co. (NYSE: JPM) is about to report earnings Friday morning as the first bank and second DJIA component kicking off earnings season.  We wanted to make a preview on Jamie...
Jon C. Ogg
Has J.P. Morgan Chase & Co. (NYSE: JPM) managed to help further turn banks around in 2012?  The sector which had no friends in 2011 is now actually the top bill in the DJIA as Bank of America...
Jon C. Ogg
Bank of America Corporation (NYSE: BAC) was recently named as one of the Top DJIA Stocks With Upside for 2012.  The problem is that the target price from the consensus analyst reading from Thomson...
Jon C. Ogg